TrendmasterOfficial

Bitcoin Breaks 50k But quickly goes back in the channel

COINBASE:BTCUSD   Bitcoin
We broke the 50k ATH level on the Coinbase BTC/USD chart, our "Go-To" as far as charting Corn.
That being said we are now back in the Macro upwards channel and back in the lower time frame bullish pennant (flat top trendline, upward angle lower trend line).
We are also still making higher lows and holding inside of this bullish pennant. Priority is still upwards, not adding to any more Longs from here.
But remember - Everyone else is mostly Long too... And we are way overdue for some F*ckery from the "Boys" and the DXY is up.
BTC.D is also trending up so Alts might feel a little pain.

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